INDUSTRY OVERVIEW
The Specialty Generic Drug is Growing at 20% and is expected to reach 40Billion by 2031. Below mentioned are some of the dynamics shaping the Specialty Generic Drug .Specialty Generic Drug Market Size in (USD Billion) CAGR Growth Rate 20%
| Study Period | 2019-2031 |
| Market Size (2023): | 15Billion |
| Market Size (2031): | 40Billion |
| CAGR (2023 - 2031): | 20% |
| Fastest Growing Region | Asia-Pacific |
| Domination Region | North America |
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Specialty Generics drugs are one of the fastest growing areas of health care spending. There is no one set definition of specialty drugs, although insurers and other health care payers often characterize them as prescription products requiring extra handling or administration that are used to treat complex disease. High cost can trigger a specialty drug designation. Biologics, or drugs derived from living cells, are often but not always deemed to be specialty drugs.
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Market Drivers:
The key drivers in the market include technological advancements, increasing demand by consumers for innovative products, and government-friendly policies. Our research company combines industry reports with expert interviews and market analysis tools to identify and quantify drivers such as these. We review the current trends and gather data from leading industry publications and market research firms to decipher exactly how these and other factors are encouraging or dampening market growth.
- Increased Prevalence Of Cancer
Market Restraints:
Some of the restraints to market growth may include regulatory challenges, high production costs, and disruptions in the supply chain. Our sources for these limitations include the regulation filings, industry surveys, and direct contributions from active participants within this marketplace. Tracking policy updates and economic reports further helps us to determine what kind of effect these factors have on the industry.
- Regulatory Approval
Trends in the Market:
Among the trending ones are sustainability, digital transformation, and increasing importance of data analytics. Our research company is tracking these trends through the use of trend analysis tools, social media sentiment analysis, and industry benchmarking studies. Insights in emerging market preferences and technological advancements also come from surveys and focus groups.
- Pharmaceuticals
These include emerging markets, innovation in product development, and strategic partnerships. We identify these opportunities by performing market segmentation analysis, competitive landscape assessment, and investment trend evaluation. The data is collected based on industry reports, financial performance analysis for major players, and forecasting models for identifying future growth areas.
- Rise In Number Of Off-Patent Specialty Drugs
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Regulation Shaping the Healthcare Industry
The healthcare industry is significantly influenced by a complex framework of regulations designed to ensure patient safety, efficacy of treatments, and the overall quality of care. Key regulatory areas include drug approval processes, medical device standards, and healthcare data protection. These regulations aim to maintain high standards for clinical practices and safeguard public health.Major Regulatory Bodies Worldwide
1. U.S. Food and Drug Administration (FDA): In the United States, the FDA is a pivotal regulatory authority overseeing the approval and monitoring of pharmaceuticals, medical devices, and biologics. The FDA sets stringent standards for product safety and efficacy, which significantly impacts market entry and ongoing compliance for healthcare companies.2. European Medicines Agency (EMA): The EMA plays a crucial role in the European Union, evaluating and supervising medicinal products. It provides centralized approval for drugs and ensures that products meet rigorous safety and efficacy standards across member states.
3. Health Canada: This agency regulates pharmaceuticals and medical devices in Canada, ensuring that products are safe, effective, and of high quality. Health Canada's regulations are aligned with international standards but tailored to meet national health needs.
4. World Health Organization (WHO): While not a regulatory body in the traditional sense, the WHO sets international health standards and provides guidelines that influence national regulatory frameworks. It plays a key role in global health policy and emergency response.
5. National Medical Products Administration (NMPA): In China, the NMPA regulates the approval and supervision of drugs and medical devices, with an increasing focus on aligning with global standards and facilitating market access.
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SWOT Analysis in the Healthcare Industry
SWOT analysis in the healthcare industry involves a structured assessment of Strengths, Weaknesses, Opportunities, and Threats to identify strategic advantages and areas for improvement.• Strengths: Evaluates internal factors such as advanced technology, skilled personnel, and strong brand reputation. For example, a hospital with cutting-edge medical equipment and specialized staff is considered to have a strong competitive edge.
• Weaknesses: Identifies internal limitations like outdated facilities, regulatory compliance issues, or high operational costs. Weaknesses could include inefficient processes or lack of innovation.
• Opportunities: Assesses external factors that could drive growth, such as emerging medical technologies, expanding markets, or favorable government policies. Opportunities might involve partnerships or new service lines.
• Threats: Examines external challenges such as increasing competition, changing regulations, or economic downturns. Threats might include new entrants with disruptive technologies or stricter regulatory requirements.
Market Segmentation
Segmentation by Type
- Oral
- Injectable
- Topical
- Biologic
Specialty Generic Drug Market Segmentation by Type
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Segmentation by Application
- Pharmaceuticals
- Healthcare
- Oncology
- Cardiology
- Neurology
Specialty Generic Drug Market Segmentation by Application
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Regional Outlook
The North America currently holds a significant share of the market, primarily due to several key factors: increasing consumption rates, a burgeoning population, and robust economic momentum. These elements collectively drive demand, positioning this region as a leader in the market. On the other hand, Asia-Pacific is rapidly emerging as the fastest-growing area within the industry. This remarkable growth can be attributed to swift infrastructure development, the expansion of various industrial sectors, and a marked increase in consumer demand. These dynamics make this region a crucial player in shaping future market growth. In our report, we cover a comprehensive analysis of the regions and countries, includingRegions
- North America
- LATAM
- West Europe
- Central & Eastern Europe
- Northern Europe
- Southern Europe
- East Asia
- Southeast Asia
- South Asia
- Central Asia
- Oceania
- MEA
Fastest Growing Region
Asia-Pacific
Dominating Region
North America
The company consistently allocates significant resources to expand its research capabilities, develop new medical technologies, and enhance its pharmaceutical portfolio. Johnson & Johnson's investments in R&D, coupled with strategic acquisitions and partnerships, reinforce its position as a major contributor to advancements in healthcare. This focus on innovation and market expansion underscores the critical importance of the North American region in the global healthcare landscape.
- Akorn Inc. (United States)
- Valeant Pharmaceuticals International Inc. (United States)
- Mallinckrodt (Ireland)
- Sun Pharmaceutical Industries Ltd. (India)
- Sandoz International GmbH (Germany)
- Mylan N.V. (United States)
- Endo Pharmaceuticals Inc. (Ireland)
- Apotex Corp. (Canada)
- Pfizer Inc. (United States)
- Teva Pharmaceuticals USA
Specialty Generic Drug Market Segmentation by Players
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Primary and Secondary Research
Primary research involves the collection of original data directly from sources in the healthcare industry. Approaches include the survey of health professionals, interviews with patients, focus groups, and clinical trials. This gives an overview of the current practice, the needs of the patient, and the interest in emerging trends. Firsthand information on the efficacy of new treatments, an assessment of market demand, and insight into changes in regulation can be sought only with primary research.Secondary Research: This is the investigation of existing information from a variety of sources, which may include industry reports, academic journals, government publications, and market research studies. Alfred secondary research empowers them to understand trends within industries, historical data, and competitive landscapes. It gives a wide view of the market dynamics and validates findings obtained from primary research. By combining both primary and secondary together, health organizations will be empowered to develop comprehensive strategies and make informed decisions based on a strong foundation built on data.
Report Infographics
|
Report Features |
Details |
|
Base Year |
2023 |
|
Based Year Market Size (2023) |
15Billion |
|
Historical Period |
2019 to 2023 |
|
CAGR (2023 to 2031) |
20% |
|
Forecast Period |
2023 to 2031 |
|
Forecasted Period Market Size (2031) |
40Billion |
|
Scope of the Report |
Oral, Injectable, Topical, Biologic, Pharmaceuticals, Healthcare, Oncology, Cardiology, Neurology. Sales Channel |
|
Regions Covered |
North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA |
|
Companies Covered |
Akorn Inc. (United States), Valeant Pharmaceuticals International Inc. (United States), Mallinckrodt (Ireland), Sun Pharmaceutical Industries Ltd. (India), Sandoz International GmbH (Germany), Mylan N.V. (United States), Endo Pharmaceuticals Inc. (Ireland), Apotex Corp. (Canada), Pfizer Inc. (United States), Teva Pharmaceuticals USA |
|
Customization Scope |
15% Free Customization (For EG) |
|
Delivery Format |
PDF and Excel through Email |
Specialty Generic Drug - Table of Contents
Chapter 1: Market Preface
- 1.1 Global Specialty Generic Drug Market Landscape
- 1.2 Scope of the Study
- 1.3 Relevant Findings & Stakeholder Advantages
Chapter 2: Strategic Overview
- 2.1 Global Specialty Generic Drug Market Outlook
- 2.2 Total Addressable Market versus Serviceable Market
- 2.3 Market Rivalry Projection
Chapter 3 : Global Specialty Generic Drug Market Business Environment & Changing Dynamics
-
3.1 Growth Drivers
- 3.1.1 Increased Prevalence Of Cancer
-
3.2 Available Opportunities
- 3.2.1 Rise In Number Of Off-Patent Specialty Drugs
-
3.3 Influencing Trends
- 3.3.1 Pharmaceuticals
- 3.3.2 healthcare
-
3.4 Challenges
- 3.4.1 Regulatory approval
- 3.4.2 market competition
- 3.5 Regional Dynamics
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Chapter 4 : Global Specialty Generic Drug Industry Factors Assessment
- 4.1 Current Scenario
- 4.2 PEST Analysis
- 4.3 Business Environment - PORTER 5-Forces Analysis
- 4.3.1 Supplier Leverage
- 4.3.2 Bargaining Power of Buyers
- 4.3.3 Threat of Substitutes
- 4.3.4 Threat from New Entrant
- 4.3.5 Market Competition Level
- 4.4 Roadmap of Specialty Generic Drug Market
- 4.5 Impact of Macro-Economic Factors
- 4.6 Market Entry Strategies
- 4.7 Political and Regulatory Landscape
- 4.8 Supply Chain Analysis
Chapter 5: Specialty Generic Drug : Competition Benchmarking & Performance Evaluation
- 5.1 Global Specialty Generic Drug Market Concentration Ratio
- 5.1.1 CR4, CR8 and HH Index
- 5.1.2 % Market Share - Top 3
- 5.1.3 Market Holding by Top 5
- 5.2 Market Position of Manufacturers by Specialty Generic Drug Revenue 2023
- 5.3 Global Specialty Generic Drug Sales Volume by Manufacturers (2023)
- 5.4 BCG Matrix
- 5.4 Market Entropy
- 5.5 Strategic Group Analysis
- 5.6 5C’s Analysis
Chapter 6: Global Specialty Generic Drug Market: Company Profiles
- 6.1 Akorn Inc. (United States)
- 6.1.1 Akorn Inc. (United States) Company Overview
- 6.1.2 Akorn Inc. (United States) Product/Service Portfolio & Specifications
- 6.1.3 Akorn Inc. (United States) Key Financial Metrics
- 6.1.4 Akorn Inc. (United States) SWOT Analysis
- 6.1.5 Akorn Inc. (United States) Development Activities
- 6.2 Valeant Pharmaceuticals International Inc. (United States)
- 6.3 Mallinckrodt (Ireland)
- 6.4 Sun Pharmaceutical Industries Ltd. (India)
- 6.5 Sandoz International GmbH (Germany)
- 6.6 Mylan N.V. (United States)
- 6.7 Endo Pharmaceuticals Inc. (Ireland)
- 6.8 Apotex Corp. (Canada)
- 6.9 Pfizer Inc. (United States)
- 6.10 Teva Pharmaceuticals USA
- 6.11 Inc. (United States)
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Chapter 7 : Global Specialty Generic Drug by Type & Application (2019-2031)
-
7.1 Global Specialty Generic Drug Market Revenue Analysis (USD Million) by Type (2019-2023)
- 7.1.1 Oral
- 7.1.2 Injectable
- 7.1.3 Topical
- 7.1.4 Biologic
- 7.1.5 High-potency
-
7.2 Global Specialty Generic Drug Market Revenue Analysis (USD Million) by Application (2019-2023)
- 7.2.1 Pharmaceuticals
- 7.2.2 Healthcare
- 7.2.3 Oncology
- 7.2.4 Cardiology
- 7.2.5 Neurology
- 7.3 Global Specialty Generic Drug Market Revenue Analysis (USD Million) by Type (2023-2031)
- 7.4 Global Specialty Generic Drug Market Revenue Analysis (USD Million) by Application (2023-2031)
Chapter 8 : North America Specialty Generic Drug Market Breakdown by Country, Type & Application
- 8.1 North America Specialty Generic Drug Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 8.1.1 United States
- 8.1.2 Canada
-
8.2 North America Specialty Generic Drug Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 8.2.1 Oral
- 8.2.2 Injectable
- 8.2.3 Topical
- 8.2.4 Biologic
- 8.2.5 High-potency
-
8.3 North America Specialty Generic Drug Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 8.3.1 Pharmaceuticals
- 8.3.2 Healthcare
- 8.3.3 Oncology
- 8.3.4 Cardiology
- 8.3.5 Neurology
- 8.4 North America Specialty Generic Drug Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 8.5 North America Specialty Generic Drug Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 8.6 North America Specialty Generic Drug Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
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Chapter 9 : LATAM Specialty Generic Drug Market Breakdown by Country, Type & Application
- 9.1 LATAM Specialty Generic Drug Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 9.1.1 Brazil
- 9.1.2 Argentina
- 9.1.3 Chile
- 9.1.4 Mexico
- 9.1.5 Rest of LATAM
-
9.2 LATAM Specialty Generic Drug Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 9.2.1 Oral
- 9.2.2 Injectable
- 9.2.3 Topical
- 9.2.4 Biologic
- 9.2.5 High-potency
-
9.3 LATAM Specialty Generic Drug Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 9.3.1 Pharmaceuticals
- 9.3.2 Healthcare
- 9.3.3 Oncology
- 9.3.4 Cardiology
- 9.3.5 Neurology
- 9.4 LATAM Specialty Generic Drug Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 9.5 LATAM Specialty Generic Drug Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 9.6 LATAM Specialty Generic Drug Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 10 : West Europe Specialty Generic Drug Market Breakdown by Country, Type & Application
- 10.1 West Europe Specialty Generic Drug Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 10.1.1 Germany
- 10.1.2 France
- 10.1.3 Benelux
- 10.1.4 Switzerland
- 10.1.5 Rest of West Europe
-
10.2 West Europe Specialty Generic Drug Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 10.2.1 Oral
- 10.2.2 Injectable
- 10.2.3 Topical
- 10.2.4 Biologic
- 10.2.5 High-potency
-
10.3 West Europe Specialty Generic Drug Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 10.3.1 Pharmaceuticals
- 10.3.2 Healthcare
- 10.3.3 Oncology
- 10.3.4 Cardiology
- 10.3.5 Neurology
- 10.4 West Europe Specialty Generic Drug Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 10.5 West Europe Specialty Generic Drug Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 10.6 West Europe Specialty Generic Drug Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 11 : Central & Eastern Europe Specialty Generic Drug Market Breakdown by Country, Type & Application
- 11.1 Central & Eastern Europe Specialty Generic Drug Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 11.1.1 Bulgaria
- 11.1.2 Poland
- 11.1.3 Hungary
- 11.1.4 Romania
- 11.1.5 Rest of CEE
-
11.2 Central & Eastern Europe Specialty Generic Drug Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 11.2.1 Oral
- 11.2.2 Injectable
- 11.2.3 Topical
- 11.2.4 Biologic
- 11.2.5 High-potency
-
11.3 Central & Eastern Europe Specialty Generic Drug Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 11.3.1 Pharmaceuticals
- 11.3.2 Healthcare
- 11.3.3 Oncology
- 11.3.4 Cardiology
- 11.3.5 Neurology
- 11.4 Central & Eastern Europe Specialty Generic Drug Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 11.5 Central & Eastern Europe Specialty Generic Drug Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 11.6 Central & Eastern Europe Specialty Generic Drug Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 12 : Northern Europe Specialty Generic Drug Market Breakdown by Country, Type & Application
- 12.1 Northern Europe Specialty Generic Drug Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 12.1.1 The United Kingdom
- 12.1.2 Sweden
- 12.1.3 Norway
- 12.1.4 Baltics
- 12.1.5 Ireland
- 12.1.6 Rest of Northern Europe
-
12.2 Northern Europe Specialty Generic Drug Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 12.2.1 Oral
- 12.2.2 Injectable
- 12.2.3 Topical
- 12.2.4 Biologic
- 12.2.5 High-potency
-
12.3 Northern Europe Specialty Generic Drug Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 12.3.1 Pharmaceuticals
- 12.3.2 Healthcare
- 12.3.3 Oncology
- 12.3.4 Cardiology
- 12.3.5 Neurology
- 12.4 Northern Europe Specialty Generic Drug Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 12.5 Northern Europe Specialty Generic Drug Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 12.6 Northern Europe Specialty Generic Drug Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 13 : Southern Europe Specialty Generic Drug Market Breakdown by Country, Type & Application
- 13.1 Southern Europe Specialty Generic Drug Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 13.1.1 Spain
- 13.1.2 Italy
- 13.1.3 Portugal
- 13.1.4 Greece
- 13.1.5 Rest of Southern Europe
-
13.2 Southern Europe Specialty Generic Drug Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 13.2.1 Oral
- 13.2.2 Injectable
- 13.2.3 Topical
- 13.2.4 Biologic
- 13.2.5 High-potency
-
13.3 Southern Europe Specialty Generic Drug Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 13.3.1 Pharmaceuticals
- 13.3.2 Healthcare
- 13.3.3 Oncology
- 13.3.4 Cardiology
- 13.3.5 Neurology
- 13.4 Southern Europe Specialty Generic Drug Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 13.5 Southern Europe Specialty Generic Drug Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 13.6 Southern Europe Specialty Generic Drug Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 14 : East Asia Specialty Generic Drug Market Breakdown by Country, Type & Application
- 14.1 East Asia Specialty Generic Drug Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 14.1.1 China
- 14.1.2 Japan
- 14.1.3 South Korea
- 14.1.4 Taiwan
- 14.1.5 Others
-
14.2 East Asia Specialty Generic Drug Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 14.2.1 Oral
- 14.2.2 Injectable
- 14.2.3 Topical
- 14.2.4 Biologic
- 14.2.5 High-potency
-
14.3 East Asia Specialty Generic Drug Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 14.3.1 Pharmaceuticals
- 14.3.2 Healthcare
- 14.3.3 Oncology
- 14.3.4 Cardiology
- 14.3.5 Neurology
- 14.4 East Asia Specialty Generic Drug Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 14.5 East Asia Specialty Generic Drug Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 14.6 East Asia Specialty Generic Drug Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 15 : Southeast Asia Specialty Generic Drug Market Breakdown by Country, Type & Application
- 15.1 Southeast Asia Specialty Generic Drug Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 15.1.1 Vietnam
- 15.1.2 Singapore
- 15.1.3 Thailand
- 15.1.4 Malaysia
- 15.1.5 Indonesia
- 15.1.6 Philippines
- 15.1.7 Rest of SEA Countries
-
15.2 Southeast Asia Specialty Generic Drug Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 15.2.1 Oral
- 15.2.2 Injectable
- 15.2.3 Topical
- 15.2.4 Biologic
- 15.2.5 High-potency
-
15.3 Southeast Asia Specialty Generic Drug Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 15.3.1 Pharmaceuticals
- 15.3.2 Healthcare
- 15.3.3 Oncology
- 15.3.4 Cardiology
- 15.3.5 Neurology
- 15.4 Southeast Asia Specialty Generic Drug Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 15.5 Southeast Asia Specialty Generic Drug Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 15.6 Southeast Asia Specialty Generic Drug Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 16 : South Asia Specialty Generic Drug Market Breakdown by Country, Type & Application
- 16.1 South Asia Specialty Generic Drug Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 16.1.1 India
- 16.1.2 Bangladesh
- 16.1.3 Others
-
16.2 South Asia Specialty Generic Drug Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 16.2.1 Oral
- 16.2.2 Injectable
- 16.2.3 Topical
- 16.2.4 Biologic
- 16.2.5 High-potency
-
16.3 South Asia Specialty Generic Drug Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 16.3.1 Pharmaceuticals
- 16.3.2 Healthcare
- 16.3.3 Oncology
- 16.3.4 Cardiology
- 16.3.5 Neurology
- 16.4 South Asia Specialty Generic Drug Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 16.5 South Asia Specialty Generic Drug Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 16.6 South Asia Specialty Generic Drug Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 17 : Central Asia Specialty Generic Drug Market Breakdown by Country, Type & Application
- 17.1 Central Asia Specialty Generic Drug Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 17.1.1 Kazakhstan
- 17.1.2 Tajikistan
- 17.1.3 Others
-
17.2 Central Asia Specialty Generic Drug Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 17.2.1 Oral
- 17.2.2 Injectable
- 17.2.3 Topical
- 17.2.4 Biologic
- 17.2.5 High-potency
-
17.3 Central Asia Specialty Generic Drug Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 17.3.1 Pharmaceuticals
- 17.3.2 Healthcare
- 17.3.3 Oncology
- 17.3.4 Cardiology
- 17.3.5 Neurology
- 17.4 Central Asia Specialty Generic Drug Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 17.5 Central Asia Specialty Generic Drug Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 17.6 Central Asia Specialty Generic Drug Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 18 : Oceania Specialty Generic Drug Market Breakdown by Country, Type & Application
- 18.1 Oceania Specialty Generic Drug Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 18.1.1 Australia
- 18.1.2 New Zealand
- 18.1.3 Others
-
18.2 Oceania Specialty Generic Drug Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 18.2.1 Oral
- 18.2.2 Injectable
- 18.2.3 Topical
- 18.2.4 Biologic
- 18.2.5 High-potency
-
18.3 Oceania Specialty Generic Drug Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 18.3.1 Pharmaceuticals
- 18.3.2 Healthcare
- 18.3.3 Oncology
- 18.3.4 Cardiology
- 18.3.5 Neurology
- 18.4 Oceania Specialty Generic Drug Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 18.5 Oceania Specialty Generic Drug Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 18.6 Oceania Specialty Generic Drug Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 19 : MEA Specialty Generic Drug Market Breakdown by Country, Type & Application
- 19.1 MEA Specialty Generic Drug Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 19.1.1 Turkey
- 19.1.2 South Africa
- 19.1.3 Egypt
- 19.1.4 UAE
- 19.1.5 Saudi Arabia
- 19.1.6 Israel
- 19.1.7 Rest of MEA
-
19.2 MEA Specialty Generic Drug Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 19.2.1 Oral
- 19.2.2 Injectable
- 19.2.3 Topical
- 19.2.4 Biologic
- 19.2.5 High-potency
-
19.3 MEA Specialty Generic Drug Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 19.3.1 Pharmaceuticals
- 19.3.2 Healthcare
- 19.3.3 Oncology
- 19.3.4 Cardiology
- 19.3.5 Neurology
- 19.4 MEA Specialty Generic Drug Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 19.5 MEA Specialty Generic Drug Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 19.6 MEA Specialty Generic Drug Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 20: Research Findings & Conclusion
- 20.1 Key Findings
- 20.2 Conclusion
Chapter 21: Methodology and Data Source
-
21.1 Research Methodology & Approach
- 21.1.1 Research Program/Design
- 21.1.2 Market Size Estimation
- 21.1.3 Market Breakdown and Data Triangulation
-
21.2 Data Source
- 21.2.1 Secondary Sources
- 21.2.2 Primary Sources
Chapter 22: Appendix & Disclaimer
- 22.1 Acronyms & bibliography
- 22.2 Disclaimer
Frequently Asked Questions (FAQ):
The Global Specialty Generic Drug market is estimated to see a CAGR of 20% and may reach an estimated market size of 20% 40Billion by 2031.
The Specialty Generic Drug Market is estimated to grow at a CAGR of 20%, currently pegged at 15Billion.
Pharmaceuticals, Healthcare are seen to make big Impact on Specialty Generic Drug Market Growth.
- Increased Prevalence Of Cancer
- Rise In Geriatric Population
Business transformation in Specialty Generic Drug Market has taken hold due to the confluence of several important triggers, some of them are Regulatory Approval, Market Competition.
Some of the opportunities that Analyst at HTF MI have identified in Specialty Generic Drug Market are:
- Rise In Number Of Off-Patent Specialty Drugs
New entrants, including competitors from unrelated industries along with players such as Akorn Inc. (United States), Valeant Pharmaceuticals International Inc. (United States), Mallinckrodt (Ireland), Sun Pharmaceutical Industries Ltd. (India), Sandoz International GmbH (Germany), Mylan N.V. (United States), Endo Pharmaceuticals Inc. (Ireland), Apotex Corp. (Canada), Pfizer Inc. (United States), Teva Pharmaceuticals USA, Inc. (United States) Instituting a robust process in Global Specialty Generic Drug Market.
The Global Specialty Generic Drug Market Study is Broken down by applications such as Pharmaceuticals, Healthcare, Oncology, Cardiology, Neurology.
The Global Specialty Generic Drug Market Study is segmented by Oral, Injectable, Topical, Biologic, High-potency.
The Global Specialty Generic Drug Market Study includes regional breakdown as North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA
The Specialty Generic Drug Market is studied from 2019 - 2031.
Specialty Generics drugs are one of the fastest growing areas of health care spending. There is no one set definition of specialty drugs, although insurers and other health care payers often characterize them as prescription products requiring extra handling or administration that are used to treat complex disease. High cost can trigger a specialty drug designation. Biologics, or drugs derived from living cells, are often but not always deemed to be specialty drugs.
